Capital Properties, Inc. Declares Regular Quarterly Dividend

Rhea-AI Summary

Capital Properties (OTCQX: CPTP) declared a regular quarterly dividend of $0.09 per Class A share, payable May 22, 2026 to shareholders of record at the close of business on May 15, 2026. The Board approved the declaration at its April 29, 2026 meeting. The Company has 6,599,912 Class A shares outstanding.

The dividend totals approximately $593,992.08 based on the outstanding Class A shares and supports the company's ongoing cash return to shareholders.

Positive

• Dividend declared at $0.09 per Class A share
• Payable date set for May 22, 2026 with record date May 15, 2026
• Estimated cash payout of $593,992.08 based on 6,599,912 shares outstanding

Negative

• Modest per-share amount of $0.09 may be a limited income boost for shareholders

News Market Reaction – CPTP

+1.72%

1 alert

+1.72% News Effect

On the day this news was published, CPTP gained 1.72%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

PROVIDENCE, R.I., April 30, 2026 /PRNewswire/ -- Capital Properties, Inc. (OTCQX: CPTP) announced that at its regular quarterly meeting held on April 29, 2026, the Board of Directors declared a regular quarterly dividend of $0.09 (nine cents) per share on the Company's outstanding Class A Common Shares (6,599,912) payable on May 22, 2026 to shareholders of record as of the close of business on May 15, 2026.

About Capital Properties, Inc.

Capital Properties, Inc. and its subsidiary's principal business consist of the long-term leasing of certain of its real estate interests in downtown Providence, Rhode Island for commercial development and the leasing of locations along interstate and primary highways in Rhode Island and Massachusetts for outdoor advertising purposes. 

CONTACT:

Susan R. Johnson, Treasurer
401-435-7171

View original content:https://www.prnewswire.com/news-releases/capital-properties-inc-declares-regular-quarterly-dividend-302759184.html

SOURCE Capital Properties, Inc.

FAQ

What dividend did Capital Properties (CPTP) declare on April 29, 2026?

Capital Properties declared a regular quarterly dividend of $0.09 per Class A share. According to the company, the Board approved the dividend at its April 29, 2026 meeting and specified record and payable dates.

When will Capital Properties (CPTP) shareholders receive the $0.09 dividend?

The dividend is payable on May 22, 2026 to shareholders of record as of May 15, 2026. According to the company, shares must be held by the close of business on the record date to qualify.

How many Class A shares does Capital Properties (CPTP) have outstanding for this dividend?

The company reports 6,599,912 Class A shares outstanding used to calculate the dividend payment. According to the company, that share count determines the total cash payout for this distribution.

What is the estimated total cash payout for Capital Properties (CPTP) at $0.09 per share?

Based on 6,599,912 Class A shares, the payout is approximately $593,992.08. According to the company, that figure represents the aggregate cash required to fund the declared dividend.

Do Capital Properties (CPTP) shareholders need to take any action to receive the dividend?

No additional action is required beyond owning shares by the close of business on May 15, 2026. According to the company, eligible shareholders on the record date will receive the May 22, 2026 payment.